First Metro Philippine Equity Exchange Traded Fund, Inc. (FMETF)

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For the updated or exact information, you should check edge.pse.com.ph or their official website.

1. Company Information
Company Name	First Metro Philippine Equity Exchange Traded Fund, Inc. (FMETF)
Sector	ETF-Equity		Incorporation Date		Jan 15, 2013
Subsector	ETF-Equity		Number of employees		(Group Total)
Board of Directors	Chairman: Eduardo R. Carreon
Website / E-mail	www.firstmetroetf.com.ph
2. Stock Information
Total Assets	1,293,494,791	Market Capitalization		1,281,049,600.00
Total Liabilities	5,631,772	Outstanding Shares		10,432,000
Retained Earnings	171,887,635	Listed Shares		30,000,000
Listing Date	Dec 02, 2013	Issued Shares		10,412,000
Board Lot	10	Free Float Level (%)		71.34%
Par Value	100.00	Foreign Ownership Limit		40%
3. Major Stock Holders (common shares)
First Metro Investment Corporation (FMIC)				100%
4. Company Descriptions and Business Development
Notes 1. Underlying Index is PSEi. 2. Related companies: GTCAP, MBT, FMETF
Overview First Metro Philippine Equity Exchange Traded Fund, Inc. (FMETF) was incorporated on January 15, 2013 as an open-ended investment company. The Fund is engaged primarily in the business of investing, reinvesting, and trading in, and issuing and redeeming its shares of stock in creation units in exchange for a basket of securities representing an index. The Fund is a wholly-owned subsidiary of First Metro Investment Corporation, and is also the product being sold by the company. The portfolio of the Fund is to be rebalanced and reconstituted every six months in order to adjust to the current composition of the PSEi. First Metro Asset Management, Inc. acts as the fund manager and principal distributor. Total 0.80% charge for the Creation or Redemption order will be charged. Business Revenue contribution in 2016 Trading gains Dividend income Interest income 10,265,605 18,315,092 509 35.92% 64.08% 0% Subsidiaries / Associates / Affiliates / Joint Ventures Subsidiaries of FMIC are: First Metro Securities Brokerage Corp. First Metro Insurance Brokers Corp. First Metro Philippine Equity Exchange Traded Fund Inc. Associates of FMIC are: Philippine AXS Life Insurance Corp. Lepanto Consolidated Mining Company (14.33%)